SUNRISE REALTY TRUST INC (SUNS) Technical Analysis
NASDAQ:SUNS • US8679811021
We assign a technical rating of 1 out of 10 to SUNS. SUNS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 76% of all other stocks performed better in the past year than SUNS.
- In the last month SUNS has a been trading in the 8.95 - 9.75 range, which is quite wide. It is currently trading near the high of this range.
- SUNS is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, SUNS did better than 47% of them.
- SUNS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SUNS is lagging the market.
Although the technical rating is bad, SUNS does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 9.52, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.00
We found 1 important support area.
- A support zone ranging from 9.09 to 9.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 10.29 to 10.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for SUNS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SUNS is neutral. |
| ChartMill Relative Strength | 24.23 | NEGATIVE | SUNS has a low relative strength, it was outperformed by 75.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SUNS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of SUNS is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SUNS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.93 | NEUTRAL | The RSI value for SUNS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests SUNS has a positive trend. |
| Stochastics (14,3) | 66.71 | NEUTRAL | The Stochastics value for SUNS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for SUNS suggests some volalility. |
| Average Directional Index/ADX (14) | 12.86 | NEGATIVE | The low ADX value for SUNS suggests a weak or negative trend. |
SUNS Technicals: Chart, Performance Metrics, Trend & Indicators
9.65
+0.2 (+2.12%)
SUNRISE REALTY TRUST INC / SUNS FAQ
What is the technical rating for SUNS stock?
ChartMill assigns a technical rating of 1 / 10 to SUNS.
What is the trend direction for SUNS stock?
The current trend direction for SUNRISE REALTY TRUST INC (SUNS) is Bearish.
What is the RSI signal for SUNRISE REALTY TRUST INC (SUNS) stock?
SUNRISE REALTY TRUST INC (SUNS) has an RSI value of 58.9338. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for SUNRISE REALTY TRUST INC?
SUNRISE REALTY TRUST INC (SUNS) has a support level at 9.52 and a resistance level at 10.29. Check the full technical report for our detailed analysis of SUNS support and resistance levels.